<!– @page { margin: 0.79in } P { margin-bottom: 0.08in } –> Property owners may sell like-kind properties and defer taxes on the profits by meeting the requirements of Internal Revenue Code (IRC) 1031 exchange. The purpose of the 1031 Exchange is to allow sellers of like-kind property to buy replacement property of like-kind within … Read more
There are quite a few benefits that you will want to keep in mind when it comes to a 1031 exchange for your next property investment venture. It is best to begin by explaining the basics of a 1031 tax exchange, which is also referred to as a tax deferred exchange. Simply put, … Read more
Do you have an investment property that you would like to sell, but defer the capital gains taxes? If so, then you need to consider a 1031 exchange: A 1031 exchange, otherwise known as a “tax deferred exchange” is a strategy and method for selling one investment property and then proceeding with an acquisition … Read more
Want to 1031 (EAT) into a Property You Already Own? There are times when an investor may want to sell one of his properties and invest its proceeds in another he owns. In the past the IRS forbade 1031 exchanges in such cases, however, today there are means around it. It is known as an … Read more
If you’re contemplating a 1031 tax exchange for your next real estate transaction, you’re not alone. Every year, thousands of savvy investors use the toolkit available via a 1031 tax exchange to increase the value of their investments without losing crucial capital to taxes in the interim. 1031 exchange transactions represent a valuable tool … Read more